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Whitman to head HP Enterprise, sit on HP Inc board

2014-10-07 11:56:00| Telecompaper Headlines

(Telecompaper) HP has confirmed it will separate the company, saying Hewlett-Packard Enterprise will define the next generation of technology infrastructure, software and services for the New Style of IT while HP Inc will be the leading personal systems and printing company, keeping the current company logo. Meg Whitman will be the president and CEO of Hewlett-Packard Enterprise while Pat Russo will become the chairman of the Hewlett-Packard Enterprise Board. HP Inc will be led by Dion Weisler, with Meg Whitman as chairman. HP said the move will give each company focus, financial resources and flexibility to adapt quickly to market and customer dynamics while generating long-term value for shareholders. The transaction is expected to complete by the end of fiscal 2015. HP shareholders will own shares of both Hewlett-Packard Enterprise and HP Inc. Both companies will be well capitalised. According to Reuters, HP will eliminate another 5,000 jobs as part of its turnaround plan. Meanwhile, HP reiterated its guidance for fiscal 2014 of non-GAAP diluted net earnings per share of USD 3.70-3.74 and updated its diluted net EPS outlook to USD 2.60-2.64. For fiscal 2015, non-GAAP diluted net EPS will be at USD 3.83-4.03 and net EPS at USD 3.23-3.43.

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CEO Whitman to chair HP's board

2014-07-18 13:49:55| InfoWorld: Top News

Two days after Hewlett-Packard said its chairman had resigned due to ill health, the company has named a replacement: President and CEO Meg Whitman. Whitman is now chairman of HP's board in addition to her other roles. It's a sign of HP's confidence in Whitman as she continues a multiyear effort to get the lumbering Silicon Valley giant back on track.

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Hewlett-Packard CEO Whitman takes over after interim chairman resigns for health reasons

2014-07-18 01:39:45| Telecom - Topix.net

Hewlett-Packard CEO Meg Whitman is assuming the title of chairman after the departure of interim chairman, Ralph Whitworth, who resigned to deal with health issues.

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Christine Todd Whitman making a case for nuclear power

2014-02-14 10:08:00| Climate Ark Climate Change & Global Warming Newsfeed

CNBC: Atomic power is gaining currency in the global energy market, former New Jersey Gov. Christine Todd Whitman told CNBC this week, arguing that nuclear should be considered part of the arsenal in the fight against global warming. "It's not a silver bullet that will solve our energy problems but if you care about clean air and heavy dependence on fossil fuels nuclear should be part of the overall consideration," said the two-term governor, who now co-chairs the Clean and Safe Energy Coalition...

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